NYSE:GL Globe Life (GL) Stock Price, News & Analysis → Are You Positioned For The New Energy Goldrush? (From Wealthpin Pro) (Ad) Free GL Stock Alerts $82.37 -1.59 (-1.89%) (As of 05/29/2024 ET) Add Compare Share Share Today's Range$80.52▼$83.4950-Day Range$49.17▼$116.6052-Week Range$38.95▼$132.00Volume1.26 million shsAverage Volume1.99 million shsMarket Capitalization$7.60 billionP/E Ratio7.87Dividend Yield1.17%Price Target$114.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Globe Life alerts: Email Address Globe Life MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside38.8% Upside$114.33 Price TargetShort InterestHealthy4.55% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.21Upright™ Environmental ScoreNews Sentiment0.65Based on 19 Articles This WeekInsider TradingAcquiring Shares$536,860 Bought Last QuarterProj. Earnings Growth9.56%From $11.72 to $12.84 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.99 out of 5 starsFinance Sector5th out of 886 stocksLife Insurance Industry1st out of 21 stocks 4.3 Analyst's Opinion Consensus RatingGlobe Life has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageGlobe Life has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Globe Life's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.55% of the float of Globe Life has been sold short.Short Interest Ratio / Days to CoverGlobe Life has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Globe Life has recently decreased by 2.38%, indicating that investor sentiment is improving. Previous Next 4.2 Dividend Strength Dividend YieldGlobe Life pays a meaningful dividend of 1.14%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthGlobe Life has been increasing its dividend for 19 years.Dividend CoverageThe dividend payout ratio of Globe Life is 9.17%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Globe Life will have a dividend payout ratio of 7.48% next year. This indicates that Globe Life will be able to sustain or increase its dividend.Read more about Globe Life's dividend. Previous Next 3.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreGlobe Life has received a 26.68% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Life insurance services for individuals", "Life insurance services for groups", and "Accident insurance services for individuals" products. See details.Environmental SustainabilityThe Environmental Impact score for Globe Life is -0.21. Previous Next 2.0 News and Social Media Coverage News SentimentGlobe Life has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 19 news articles for Globe Life this week, compared to 12 articles on an average week.Search InterestOnly 26 people have searched for GL on MarketBeat in the last 30 days. This is a decrease of -70% compared to the previous 30 days.MarketBeat FollowsOnly 15 people have added Globe Life to their MarketBeat watchlist in the last 30 days. This is a decrease of -21% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Globe Life insiders have bought 199.36% more of their company's stock than they have sold. Specifically, they have bought $536,860.00 in company stock and sold $179,336.00 in company stock.Percentage Held by InsidersOnly 1.51% of the stock of Globe Life is held by insiders.Percentage Held by Institutions81.61% of the stock of Globe Life is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Globe Life's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Globe Life are expected to grow by 9.56% in the coming year, from $11.72 to $12.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Globe Life is 7.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.36.Price to Earnings Ratio vs. SectorThe P/E ratio of Globe Life is 7.87, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 55.68.Price to Book Value per Share RatioGlobe Life has a P/B Ratio of 1.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Globe Life's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Wealthpin ProAre You Positioned For The New Energy Goldrush?Open AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has already inked deals with the Department of Energy.Click here to get all the information about it. About Globe Life Stock (NYSE:GL)Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States. The company operates in four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. It offers whole, term, and other life insurance products; Medicare supplement and supplemental health insurance products, such as accident, cancer, critical illness, heart, and intensive care plans; and single-premium and flexible-premium deferred annuities. The company sells its products through its direct to consumer division, exclusive agencies, and independent agents. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was founded in 1900 and is headquartered in McKinney, Texas.Read More GL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GL Stock News HeadlinesMay 29 at 4:47 AM | insidertrades.comRobert Edward Hensley Acquires 2,500 Shares of Globe Life Inc. (NYSE:GL) StockMay 21, 2024 | insidertrades.comGlobe Life Inc. (NYSE:GL) CFO Acquires $42,215.00 in StockMay 30 at 5:45 AM | prnewswire.comClass Action Filed Against Globe Life Inc. f/k/a Torchmark Corporation (GL) - July 1, 2024 Deadline to Join - Contact Levi & KorsinskyMay 30 at 5:22 AM | americanbankingnews.comGlobe Life Inc. (NYSE:GL) EVP Acquires $205,425.00 in StockMay 29 at 4:07 PM | theglobeandmail.comNew condo occupancy contracts under dispute over late permitsMay 29 at 5:45 AM | prnewswire.comThe Gross Law Firm Notifies Shareholders of Globe Life Inc. f/k/a Torchmark Corporation(GL) of a Class Action Lawsuit and an Upcoming DeadlineMay 28 at 12:00 PM | prnewswire.comGL Investors Have Opportunity to Lead Globe Life Inc. Securities Fraud LawsuitMay 27 at 8:12 PM | msn.comFrom life in a small New Hampshire town to death on a foreign battlefieldMay 24, 2024 | prnewswire.comGLOBE LIFE SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Globe Life Inc. - GLMay 24, 2024 | finance.yahoo.comSynchrony (SYF) Down 4% Since Last Earnings Report: Can It Rebound?May 24, 2024 | prnewswire.comGL Investors Have Opportunity to Lead Globe Life Inc. Securities Fraud LawsuitMay 23, 2024 | finance.yahoo.comInvestors in Globe Life (NYSE:GL) have unfortunately lost 19% over the last yearMay 23, 2024 | prnewswire.comClass Action Filed Against Globe Life Inc. f/k/a Torchmark Corporation (GL) - July 1, 2024 Deadline to Join - Contact Levi & KorsinskyMay 22, 2024 | msn.comRanking MLB stadiums from oldest to newest: Fenway Park, Wrigley Field to Globe Life FieldMay 22, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Globe Life Inc. - GLMay 22, 2024 | prnewswire.comROSEN, NATIONAL TRIAL COUNSEL, Encourages Globe Life Inc. f/k/a Torchmark Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - GLMay 22, 2024 | americanbankingnews.comGlobe Life (NYSE:GL) Earns Strong-Buy Rating from Raymond JamesMay 21, 2024 | markets.businessinsider.comA Closer Look at 10 Analyst Recommendations For Globe LifeMay 21, 2024 | investing.comGlobe Life shares down amid SEC's informal inquiry into short-seller reportsMay 21, 2024 | prnewswire.comThe Gross Law Firm Reminds Globe Life Inc. f/k/a Torchmark Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 1, 2024 - GLMay 21, 2024 | americanbankingnews.comGlobe Life Inc. (NYSE:GL) CFO Thomas Peter Kalmbach Acquires 500 SharesMay 21, 2024 | americanbankingnews.comGlobe Life Inc. (NYSE:GL) CEO James Matthew Darden Purchases 2,000 Shares of StockMay 20, 2024 | americanbankingnews.comGlobe Life Inc. (NYSE:GL) Receives Consensus Rating of "Moderate Buy" from AnalystsMay 20, 2024 | msn.comAuburn baseball beginning 2025 season in Texas at Globe Life FieldMay 18, 2024 | msn.comLSU baseball to play at Globe Life Field in Arlington next yearSee More Headlines Receive GL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Globe Life and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 5/1 Dividend4/04/2024Last Earnings4/22/2024Dividend Payable5/01/2024Today5/30/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Life insurance Sub-IndustryN/A Current SymbolNYSE:GL CUSIPN/A CIK320335 Webwww.globelifeinsurance.com Phone(972) 569-4000Fax972-569-3282Employees3,636Year FoundedN/APrice Target and Rating Average Stock Price Target$114.33 High Stock Price Target$160.00 Low Stock Price Target$75.00 Potential Upside/Downside+38.8%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$10.47 Trailing P/E Ratio7.87 Forward P/E Ratio7.03 P/E GrowthN/ANet Income$970.76 million Net Margins18.07% Pretax Margin22.28% Return on Equity23.01% Return on Assets3.81% Debt Debt-to-Equity Ratio0.32 Current Ratio0.05 Quick Ratio0.05 Sales & Book Value Annual Sales$5.45 billion Price / Sales1.40 Cash Flow$15.06 per share Price / Cash Flow5.47 Book Value$54.61 per share Price / Book1.51Miscellaneous Outstanding Shares92,270,000Free Float90,877,000Market Cap$7.60 billion OptionableOptionable Beta0.78 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Frank Martin Svoboda (Age 62)Co-Chairman & Co-CEO Comp: $2.45MMr. James Matthew Darden (Age 53)Co-Chairman & Co-CEO Comp: $2.44MMr. Thomas Peter Kalmbach (Age 59)Executive VP & CFO Comp: $956.75kRobert E. Hensley (Age 56)Executive VP & Chief Investment Officer Comp: $858.5kMr. Robert Brian Mitchell (Age 60)Executive VP, General Counsel & Chief Risk Officer Comp: $825.92kMr. Michael Clay Majors (Age 61)Executive VP of Policy Acquisition & Chief Strategy Officer Comp: $891.2kMr. M. Shane Henrie (Age 50)Corporate Senior VP & Chief Accounting Officer Christopher K. Tyler (Age 50)Executive VP & Chief Information Officer Ms. Dolores L. Skarjune (Age 58)Executive VP & Chief Administrative Officer Joel P. Scarborough (Age 52)Corporate Senior VP, Associate General Counsel & Chief Compliance Officer More ExecutivesKey CompetitorsSun Life FinancialNYSE:SLFPrudentialNYSE:PUKCorebridge FinancialNYSE:CRBGAegonNYSE:AEGReinsurance Group of AmericaNYSE:RGAView All CompetitorsInsiders & InstitutionsBoston PartnersBought 125,457 shares on 5/28/2024Ownership: 2.268%Robert Edward HensleyBought 2,500 shares on 5/28/2024Total: $205,425.00 ($82.17/share)Teachers Retirement System of The State of KentuckySold 580 shares on 5/28/2024Ownership: 0.008%PGGM InvestmentsSold 4,036 shares on 5/24/2024Ownership: 0.060%Cetera Advisors LLCBought 3,540 shares on 5/24/2024Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions GL Stock Analysis - Frequently Asked Questions Should I buy or sell Globe Life stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globe Life in the last year. There are currently 4 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GL shares. View GL analyst ratings or view top-rated stocks. What is Globe Life's stock price target for 2024? 9 equities research analysts have issued 1-year price objectives for Globe Life's stock. Their GL share price targets range from $75.00 to $160.00. On average, they anticipate the company's share price to reach $114.33 in the next twelve months. This suggests a possible upside of 38.8% from the stock's current price. View analysts price targets for GL or view top-rated stocks among Wall Street analysts. How have GL shares performed in 2024? Globe Life's stock was trading at $121.72 on January 1st, 2024. Since then, GL shares have decreased by 32.3% and is now trading at $82.37. View the best growth stocks for 2024 here. Are investors shorting Globe Life? Globe Life saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 4,200,000 shares, an increase of 22.4% from the April 15th total of 3,430,000 shares. Based on an average daily volume of 2,860,000 shares, the short-interest ratio is presently 1.5 days. Approximately 4.6% of the company's shares are sold short. View Globe Life's Short Interest. When is Globe Life's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our GL earnings forecast. How were Globe Life's earnings last quarter? Globe Life Inc. (NYSE:GL) released its quarterly earnings results on Monday, April, 22nd. The company reported $2.78 EPS for the quarter, missing analysts' consensus estimates of $2.79 by $0.01. The firm earned $1.42 billion during the quarter, compared to the consensus estimate of $1.42 billion. Globe Life had a trailing twelve-month return on equity of 23.01% and a net margin of 18.07%. Globe Life's revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period last year, the business posted $2.53 EPS. Read the conference call transcript. How often does Globe Life pay dividends? What is the dividend yield for Globe Life? Globe Life announced a quarterly dividend on Monday, May 6th. Stockholders of record on Friday, July 5th will be paid a dividend of $0.24 per share on Thursday, August 1st. This represents a $0.96 annualized dividend and a dividend yield of 1.17%. The ex-dividend date is Wednesday, July 3rd. Read our dividend analysis for GL. Is Globe Life a good dividend stock? Globe Life (NYSE:GL) pays an annual dividend of $0.96 per share and currently has a dividend yield of 1.14%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 9.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GL will have a dividend payout ratio of 7.48% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for GL. What ETFs hold Globe Life's stock? ETFs with the largest weight of Globe Life (NYSE:GL) stock in their portfolio include ASYMshares ASYMmetric S&P 500 ETF (ASPY), SPDR S&P Insurance ETF (KIE), Simplify Market Neutral Equity Long/Short ETF (EQLS), iShares U.S. Insurance ETF (IAK), Timothy Plan US Large Cap Core ETF (TPLC), Timothy Plan US Large/Mid Cap Core Enhanced ETF (TPLE), Invesco ESG S&P 500 Equal Weight ETF (RSPE) and Gotham 1000 Value ETF (GVLU). What guidance has Globe Life issued on next quarter's earnings? Globe Life updated its FY 2024 earnings guidance on Monday, April, 22nd. The company provided earnings per share guidance of 11.500-12.000 for the period, compared to the consensus estimate of 11.600. The company issued revenue guidance of -. What other stocks do shareholders of Globe Life own? Based on aggregate information from My MarketBeat watchlists, some companies that other Globe Life investors own include AT&T (T), AbbVie (ABBV), Chevron (CVX), International Business Machines (IBM), Intel (INTC), Johnson & Johnson (JNJ), Exxon Mobil (XOM), JPMorgan Chase & Co. (JPM), Coca-Cola (KO) and RTX (RTX). Who are Globe Life's major shareholders? Globe Life's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.97%), Boston Partners (2.27%), Nordea Investment Management AB (1.06%), Equity Investment Corp (0.90%), Los Angeles Capital Management LLC (0.49%) and Anchor Capital Advisors LLC (0.44%). Insiders that own company stock include Charles E Adair, Cheryl Alston, Christopher Todd Moore, David A Rodriguez, David Kendall Carlson, Dolores L Skarjune, Frank M Svoboda, Gary L Coleman, James Eric Mcpartland, James Matthew Darden, Jane Buchan, Jason A Harvey, Jennifer Allison Haworth, John Henry Rogers, Jr, Kenneth J Matson, Larry M Hutchison, Melissa Jane Buchan, Michael Clay Majors, Michael Shane Henrie, Rebecca E Zorn, Robert Brian Mitchell, Robert Edward Hensley, Robert W Ingram, Robert W Ingram, Steven John Dichiaro, Steven Kelly Greer and Thomas Peter Kalmbach. View institutional ownership trends. How do I buy shares of Globe Life? Shares of GL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:GL) was last updated on 5/30/2024 by MarketBeat.com Staff From Our PartnersExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersShocking $16T Elon Musk Crypto LeakCrypto 101 MediaMust-See: Elon’s New Invention is Absolutely InsaneInvestorPlaceThe 7th Trillion Dollar Company?The Oxford ClubThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarBiden Nomination CANCELED?The Freeport SocietyBUY ALERT: Tiny tech play partners with US governmentStansberry ResearchGold Set to EXPLODE!Gold Safe Exchange Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Globe Life Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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